Eimco Elecon (India) Ltd
EIMCOELECOEimco Elecon (India) Ltd's earnings have outrun its stock. EPS grew +26.9% in a year against a −24.5% price move.
The sharpest disagreement: profits are rising, but only 48% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.
The price is in a downtrend (41 weeks in) while the P/E sits at the 75th percentile of its own 10-year range. Underneath, the last four quarters read improving — profit +116.7% year on year, and 48% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Eimco Elecon (India) Ltd trades at ₹1,836, in a downtrend and 41 weeks into that stage. That is +6.6% against its own 200-day average. It sits at 43% of a 52-week range of ₹1,502 to ₹2,288. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 6 straight weeks.
Today the stock is in a downtrend — week 41 of stage 4, confirmed. At ₹1,836 it trades +6.6% versus its 200-day average and sits at 43% of its 52-week range (₹1,502–₹2,288).
Against the market, two honest reads. Cumulative: over the last 10.3 years the stock moved +481% while the NIFTY 500 moved +274% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 6 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 75th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Eimco Elecon (India) Ltd trades at 27.0× P/E, at the pricey end of its own range (75th percentile). Its long-run median P/E is 16.8×, measured across 10.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 27.0× is at the pricey end of its own range (75th percentile), against a long-run median of 16.8× measured over 10.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved +26.9% against a −24.5% price move — earnings outran the price, pushing the multiple DOWN its own range.
The price move, decomposed: over 5y, of the +29.8%/yr price move, ~+27.5%/yr came from earnings growth and ~+2.3 pp from the multiple (expanding); over 10y, of the +14.8%/yr price move, ~+7.6%/yr came from earnings growth and ~+7.2 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources do not share enough overlapping reported history to be compared. A figure nobody could check is not used to price growth — the gap is a decision, not missing data.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Eimco Elecon (India) Ltd reads as mixed on its fundamental arc. Mixed — revenue, profit and EPS growth are shrinking while ROCE is still lifting at 16.0% — falling growth against firm returns, so no single stage word fits yet. The read is built from 12 quarters across 4 curves, on partial evidence.
Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +7.9% | +43.1% | +17.9% | +2.3% |
| Profit | +25.6% | +75.9% | +40.3% | +8.3% |
| EPS | +26.9% | +77.9% | +38.8% | +8.6% |
| Share price | −24.5% | +41.0% | +29.8% | +14.8% |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
51.2/100 — rank 8 of 16 in Capital Goods - Engineering Heavy · 73% evidence confidence
Eimco Elecon (India) Ltd scores 51.2 out of 100 against the 16 companies it is compared with in Capital Goods - Engineering Heavy, ranking 8. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 14.5 + 16.3 + 8.9 + 11.5 = 51.2. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Eimco Elecon (India) Ltd reported ₹63.0 Cr of revenue in the Dec 25 quarter, +37.0% year on year. Over 10 years it has compounded at 2.3% a year. The last full year, FY25, came in at ₹246 Cr. The last four reported quarters add to ₹228 Cr.
Eimco Elecon (India) Ltd reported ₹63.0 Cr of revenue in the Dec 25 quarter, +37.0% year on year. Over 10 years it has compounded at 2.3% a year. The last full year, FY25, came in at ₹246 Cr. The last four reported quarters add to ₹228 Cr.
FY25 revenue came in at ₹246 Cr (+7.9% on the year), capping 10 years at 2.3% compound. The latest quarter (Dec 25) printed ₹63.0 Cr, +37.0% year on year.
Pace check: the last four quarters averaged −10.1% growth against the decade's 2.3% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew −14.6% over the last 4 quarters against +4.9%/yr over the last 8 — rolling over; TTM profit −4.1% vs +17.6%/yr — rolling over.
→ Revenue grew — did margins hold as it scaled? Next: 20.0% this quarter (+3.0 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Eimco Elecon (India) Ltd's operating margin is 20.0% in the Dec 25 quarter, +3.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 12 fiscal years the operating margin has ranged 5.0% to 23.0%. The current quarter sits inside that band.
Eimco Elecon (India) Ltd's operating margin is 20.0% in the Dec 25 quarter, +3.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 12 fiscal years the operating margin has ranged 5.0% to 23.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 20.0%, +3.0 pp against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged 5.0%–23.0%, and FY25's 23.0% is the top of that band — a record year.
🚨 Why the margin moved: operating margin went −1.1 pp year on year while gross margin went −2.2 pp — the loss came mostly from the gross line: input costs and pricing.
Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.
→ Margins held — did that reach the bottom line? Next: profit +116.7% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Eimco Elecon (India) Ltd earned ₹13.0 Cr of net profit in the Dec 25 quarter, +116.7% year on year. Full-year FY25 profit was ₹49.0 Cr. The 10-year compound rate is 8.3%. That is 20.6% of the quarter's revenue. The same quarter a year earlier earned ₹6.0 Cr.
Eimco Elecon (India) Ltd earned ₹13.0 Cr of net profit in the Dec 25 quarter, +116.7% year on year. Full-year FY25 profit was ₹49.0 Cr. The 10-year compound rate is 8.3%. That is 20.6% of the quarter's revenue. The same quarter a year earlier earned ₹6.0 Cr.
Dec 25 profit was ₹13.0 Cr, +116.7% year on year. On the full year, FY25 printed ₹49.0 Cr (+25.6%), and the 10-year compound rate is 8.3%.
Why profit moved: revenue contributed +37.0% and the margin +3.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit +12.1% vs revenue −10.1%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
→ Profit rose — but did the cash follow? Next: 48% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 48% of Eimco Elecon (India) Ltd's reported profit arrived as operating cash — a gap worth watching. In FY25 that was ₹33.0 Cr of operating cash against ₹49.0 Cr of profit. After ₹6.0 Cr of capital spending, ₹27.0 Cr was left as free cash.
FY25: operating cash of ₹33.0 Cr against reported profit of ₹49.0 Cr, leaving free cash of ₹27.0 Cr after ₹6.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 48% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at 48%: the cash cycle stretched 92 days between FY20 and FY25 — more of each rupee of profit waits inside the cycle before arriving. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: conversion is below par and the cash cycle has stretched 92 days — the next section's job is to find where the cash is stuck.
→ So follow the cash to where it goes. Next: the 432-day cycle, in money terms.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Eimco Elecon (India) Ltd's cash conversion cycle runs 432 days in FY25, up from 340 days in FY20. Capital spending ran ₹13.0 Cr over the last 3 years. At FY25 sales of ₹246 Cr each day of that cycle holds about ₹0.7 Cr, so roughly ₹291 Cr sits inside the business at any moment.
FY25: debtors at 101 days, inventory at 387 days — roughly 12.7 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 432 days, looser than FY20's 340.
The full loop: cash goes out to suppliers and production on day 0; stock waits 387 days to sell; customers pay about 101 days after that; and suppliers themselves are paid at 56 days — netting out to the 432-day cycle.
In money terms: at FY25 sales of ₹246 Cr, each day of the cycle holds about ₹0.7 Cr — so the 432-day loop keeps roughly ₹291 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹13.0 Cr over the last 3 fiscal years against ₹23.0 Cr of depreciation — spending at or below maintenance level. Capital work-in-progress stands at ₹1.0 Cr (FY25) — capacity paid for but not yet earning.
The synthesis: the working-capital loop is the cash sink the router flagged — watch the cycle, not the P&L.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 16% and the ROIC − WACC spread is −5.6 pp.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.⚠ unverified
Eimco Elecon (India) Ltd earns a ROCE of 16% in FY25. That is up from a trough of 3% in FY20. Return on invested capital clears the cost of that capital by −5.6 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 19.9% net margin on 0.50× asset turns.
FY25 ROCE is 16%, recovered from a FY20 trough of 3% — the full ladder below shows the fall and the climb, undoctored.
🚨 Why the return is what it is — the wiring (FY25): 19.9% net margin × 0.50× asset turns × 1.13× balance-sheet leverage ≈ 11.2% on equity. Margin is doing the heavy lifting; leverage is modest — this is an earned return, not a borrowed one.
The capstone test — ROIC − WACC: 6.4% − 12.0% = a −5.6 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.00.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.⚠ unverified
Eimco Elecon (India) Ltd carries total debt of ₹4.0 Cr against shareholder equity of ₹468 Cr as of Jun 26, a debt-to-equity of 0.01 — effectively unlevered. On the annual view that ratio went from 0.00 in FY22 to 0.01 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.
Jun 26: total debt of ₹4.0 Cr against shareholder equity of ₹468 Cr — a debt-to-equity of 0.01. On the annual view, debt-to-equity went from 0.00 (FY22) to 0.01 (FY26). The returns on this page are earned, not borrowed.
→ Who owns this, and are they adding or leaving? Next: Promoters cut 25.1 points over 8 quarters.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Promoters cut 25.1 points of Eimco Elecon (India) Ltd over 8 quarters, the biggest move on the register. That takes promoters to 49.0% of the company. Foreign institutions moved +3.1 points over the same window, to 3.3%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Promoters: −25.1 points over 8 quarters to 49.0%; Foreign institutions: +3.1 points over 8 quarters to 3.3%; Domestic institutions: +0.6 points over 8 quarters to 1.0%.
🚨 Why the register moved: promoters drove it (−25.1 points), absorbed on the other side by foreign institutions (+3.1 points) — distribution into the market’s bid.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Eimco Elecon (India) Ltd: the Z-score reads 13.97. A Z-score above roughly 3 reads as safe and below roughly 1.8 as the distress zone, so this sits well clear of distress. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure.
Why it matters: a Z-score of 13.97 sits well clear of the distress zone — the balance sheet is not the risk here.
The safety line in one sentence: the Z-score reads 13.97.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Eimco Elecon (India) Ltd this page | 27.0× | ₹1,032 Cr | Mixed | |||
| Bharat Heavy Electricals Ltd | 59.7× | ₹1.5L Cr | Mixed | |||
| Suzlon Energy Ltd | 22.5× | ₹71,276 Cr | Mixed | |||
| Inox Wind Ltd | 32.8× | ₹13,302 Cr | No read | |||
| Praj Industries Ltd | 299.0× | ₹5,946 Cr | Turning around | |||
| John Cockerill India Ltd | — | ₹4,413 Cr | No read | |||
| The Anup Engineering Ltd | 38.1× | ₹4,246 Cr | Topping out | |||
| Windsor Machines Ltd | 2,498.0× | ₹3,023 Cr | No read | |||
| JNK India Ltd | 40.6× | ₹2,635 Cr | Turning around | |||
| Concord Control Systems Ltd | 60.1× | ₹2,548 Cr | Mixed | |||
| Concord Control Systems Ltd | 78.9× | ₹2,400 Cr | No read | |||
| John Cockerill India Ltd | 105.0× | ₹2,138 Cr | No read | |||
| Disa India Ltd | 31.3× | ₹1,761 Cr | Mixed | |||
| Walchandnagar Industries Ltd | — | ₹1,609 Cr | No read | |||
| Kabra Extrusion Technik Ltd | — | ₹1,318 Cr | Deteriorating | |||
| Bajaj Steel Industries Ltd | 22.3× | ₹823 Cr | Deteriorating | |||
| Bajaj Steel Industries Ltd | 13.5× | ₹710 Cr | Mixed | |||
| Integra Engineering India Ltd | 39.2× | ₹582 Cr | Deteriorating | |||
| Integra Engineering India Ltd | 33.2× | ₹535 Cr | Mixed | |||
| Hercules Investments Ltd | 8.6× | ₹317 Cr | Turning around |
Frequently asked questions
What is Eimco Elecon (India) Ltd's share price today?
Eimco Elecon (India) Ltd trades at ₹1,836, −24.5% over the past year. The company is valued at ₹1,032 Cr. The stock sits at 43% of its 52-week range of ₹1,502–₹2,288, +6.6% versus its 200-day average. On the tape, the price is in a downtrend, 41 weeks in. — as of 24 July 2026.
What were Eimco Elecon (India) Ltd's latest quarterly results?
Eimco Elecon (India) Ltd reported revenue of ₹63.0 Cr and net profit of ₹13.0 Cr for the Dec 25 quarter. Revenue rose 37.0% and profit rose 116.7% year on year. Earnings per share were ₹21.70. The operating margin was 20.0%, 3.0 pp higher than a year earlier. — as of 24 July 2026.
What is Eimco Elecon (India) Ltd's revenue?
Eimco Elecon (India) Ltd reported revenue of ₹63.0 Cr in the Dec 25 quarter, +37.0% year on year. For the full FY25 fiscal year, revenue was ₹246 Cr (+7.9%). Over the last 10 years revenue compounded at 2.3% a year. — as of 24 July 2026.
What is Eimco Elecon (India) Ltd's profit?
Eimco Elecon (India) Ltd earned ₹13.0 Cr of net profit in the Dec 25 quarter, +116.7% year on year. Full-year FY25 profit was ₹49.0 Cr. The operating margin ran 20.0% in the latest quarter. — as of 24 July 2026.
What is Eimco Elecon (India) Ltd's market cap?
Eimco Elecon (India) Ltd's market capitalisation is ₹1,032 Cr at a share price of ₹1,836. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Eimco Elecon (India) Ltd's P/E ratio?
Eimco Elecon (India) Ltd trades at a P/E of 27.0×, at the 75th percentile of its own 10-year range, against a long-run median of 16.8×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Eimco Elecon (India) Ltd pay a dividend?
Yes — Eimco Elecon (India) Ltd's dividend payout was 6% of profit in FY25, and it recorded a payout in each of its last 12 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.
Is Eimco Elecon (India) Ltd overvalued?
On its own history, Eimco Elecon (India) Ltd looks expensive against its own history: its P/E of 27.0× sits at the 75th percentile of its 10-year range (long-run median 16.8×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 24 July 2026.
Is Eimco Elecon (India) Ltd growing?
Yes — Eimco Elecon (India) Ltd is growing: latest-quarter revenue +37.0% year on year, profit +116.7%, and the margin +3.0 pp at 20.0%. The 10-year compound rates are 2.3% (revenue) and 8.3% (profit). The earnings engine currently reads: improving — as of 24 July 2026.
How is Eimco Elecon (India) Ltd performing?
Eimco Elecon (India) Ltd is in a downtrend, 41 weeks in. Its latest quarter's revenue rose 37.0% and profit rose 116.7% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 6 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
What stage is Eimco Elecon (India) Ltd in?
Mixed — revenue, profit and EPS growth are shrinking while ROCE is still lifting at 16.0% — falling growth against firm returns, so no single stage word fits yet. The read comes from the last 12 quarters of growth (revenue growth −14.6% latest, profit growth −4.1% latest, eps growth −3.4% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.
Is Eimco Elecon (India) Ltd in an uptrend?
No — the price is in a downtrend (week 41 of stage 4), trading +6.6% versus its 200-day average and at 43% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Eimco Elecon (India) Ltd beating the market?
On recent form, yes — Eimco Elecon (India) Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 6 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.3 years the stock moved +481% against the NIFTY 500's +274% — ahead of the index over the full window. — as of 24 July 2026.
Will Eimco Elecon (India) Ltd's share price go up?
This page publishes no price forecast for Eimco Elecon (India) Ltd. What it measures instead: the share price is ₹1,836, the price is in a downtrend 41 weeks in. Its P/E of 27.0× sits at the 75th percentile of its own 10-year range. — as of 24 July 2026.
Who owns Eimco Elecon (India) Ltd?
Promoters hold 49.0% of Eimco Elecon (India) Ltd, foreign institutions 3.3%, domestic institutions 1.0% and the public 46.8% (latest quarter). The biggest move on the register over the last two years: Promoters cut 25.1 points over 8 quarters. — as of 24 July 2026.
Does Eimco Elecon (India) Ltd have too much debt?
No — Eimco Elecon (India) Ltd's debt-to-equity is 0.00, and operating profit covers the interest bill 56×. FY25 borrowings were ₹0.0 Cr against equity of ₹432 Cr. The returns on this page are earned, not borrowed — as of 24 July 2026.
What is Eimco Elecon (India) Ltd's capex?
Eimco Elecon (India) Ltd spent ₹13.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY25 alone that was ₹6.0 Cr, with ₹1.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is Eimco Elecon (India) Ltd's cash flow?
Eimco Elecon (India) Ltd generated ₹33.0 Cr of operating cash flow in FY25 and ₹27.0 Cr of free cash flow after ₹6.0 Cr of capital spending. Reported profit that year was ₹49.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is Eimco Elecon (India) Ltd's profit real cash?
Not fully — over the last 3 fiscal years, 48% of Eimco Elecon (India) Ltd's reported profit arrived as operating cash. In FY25, operating cash was ₹33.0 Cr against reported profit of ₹49.0 Cr. The cash then goes mostly into the working-capital cycle. Cash-flow resolution is annual — as of 24 July 2026.
How financially safe is Eimco Elecon (India) Ltd?
On the balance sheet, the Z-score reads 13.97 — above roughly 3 is safe, below roughly 1.8 is the distress zone. That sits well clear of trouble. — as of 24 July 2026.
Where is Eimco Elecon (India) Ltd in its business cycle?
Eimco Elecon (India) Ltd's FY25 operating margin was 23.0%, against a 12-year band of 5.0%–23.0%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 20.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Eimco Elecon (India) Ltd story?
The sharpest disagreement: profits are rising, but only 48% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Eimco Elecon (India) Ltd a stock worth studying right now?
This is not investment advice. The machine read: Eimco Elecon (India) Ltd's earnings have outrun its stock. EPS grew +26.9% in a year against a −24.5% price move. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.